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Deepwater

The dawning of a new Arctic oil rush has begun. Global energy giants Shell, BP, Exxon, Gazprom, Rosneft are ramping up efforts to venture further into the harsh and deep waters at the high north of the planet where close to a quarter of the world's untapped oil reserves are thought lay hidden. Success hinges on building safe, reliable and cost-effective operations, developing and using the right technology adapted for Arctic conditions.